Office Pro Inc. manufactures three types of Armchairs - Standard, commercial and mechanized. The company estimated that the following activity would take place during 2020 Assignments Product Standard Commercial Mechanized Number of units produced 10,000 units 5,000 units 1,000 units Direct material cost per unit $25 $35 $45 Direct labor cost per unit $20 $30 S40 Direct Labor hour (DLH) per unit 1.00 DLH 1.50 DUH 2.00 DLH Total Direct labor hours ? 22 2 Total estimated fixed manufacturing overhead for 2020 is $429,000. Overhead is currently allocated to products using the estimated total direct labor hours worked during the year. However, the company is currently implementing an activity-based costing (ABC) system, and an analysis of overhead has identified the following overhead cost pools and cost drivers: Overhead cost pool Overhead costs $ Costs drivers Number of cost driver 40,000 parts $120,000 Number of parts Material handling Machining 15 000 machine hours 180,000 Number of machine hours Almbacabou Libou Apps Help Total estimated fixed manufacturing overhead for 2020 is $429,000. Overhead is currently allocated to products using the estimated to all direct labor hours worked during the year. However, the company is currently implementing an activity-based costing (ABC) system, and an analysis of overhead has identified the following overhead cost pools and cost drivers: Overhead cost pool Material handling Machining Testing Total Overhead costs ants Overhead costs $ Costs drivers $120,000 Number of parts 180,000 Number of machine hours 129,000 Number of testing hours $429,000 Number of cost driver 40,000 parts 15 000 machine hours 3,000 testing hours Cost drivers used: Number of parts Number of machine hours Number of testing hours Standard 20,000 4,000 800 Commercial 12,000 5,000 700 Customized 8,000 6,000 1,500 11 Calculate a traditional predetermined overhead allocation rate assuming that factory overhead is allocated to products based on the total number of direct labor hours worked. MAKE SURE TO LABEL IT CORRECTLY Enter your answer 12 Calculate the total cost per unit for each product using the predetermined overhead allocation rate calculated in part (a) under traditional costing (TC) method. S